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2945 Monte Cresta Dr, Belmont, CA 94002

3 beds • 3 baths • 1970 sqft

$2,473,100

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This property looks like a bad Airbnb investment with a projected -25.72% first-year return on $537k initial cash invested.

-25.72%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$6,476

Rent

-$11,517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,476 income − $17,993 expenses = $11,517 out of pocket

Income$6,476Out of Pocket$11,517Mortgage P&I$12,398191%Property Taxes$1,61225%Insurance$87514%Management$97115%CapEx$2594%Maintenance$2594%Other$1,61925%

Investment Breakdown

|

Purchase Price

$2473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$537k

Downpayment

20%

$495k

Closing costs

1%

$24,731

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,476

Total Expenses

$17,993

Mortgage P&I

191%

$12,398

Property Taxes

25%

$1,612

Home Insurance

14%

$875

HOA

0%

$0

Property Management

15%

$971

CapEx

4%

$259

Vacancy

0%

$0

Maintenance

4%

$259

Other

25%

$1,619

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